Jeff 7:02 am on Tuesday, November 10, 2015
Tags: ContangoETFs ( 446 )

KOLD puts

#ContangoETFs STO $KOLD Nov 20th 105 puts for 2.05. These are against several short calls I’m already short.

fuzzballl 8:27 am on Tuesday, November 10, 2015

Was looking at those as well. Currently short Dec 105 calls against Nov 100 puts. Thought about adding Dec puts also but thanks to TDA margin hit is too big. They treat this one the same as ZSL now…not included in portfolio margin calculations so huge hit. May possibly roll the 100 puts up a little in Nov for extra premium or might have to wait a week or so to sell Dec. Either way, I’m about ready for a little strength in natty gas!